News for 'pearls group'

Meta to jointly invest with Airtel in telecom infrastructure

Meta to jointly invest with Airtel in telecom infrastructure

Rediff.com5 Dec 2022

Social media giant Meta Platforms and Bharti Airtel on Monday announced a collaboration to jointly invest in telecom infrastructure to cater to the rising demand of high speed data and digital services in India. The announcement comes on the back of telecom operators' demand to share revenue with service providers to build networks. "Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS (communications platform as a service) based new-age digital solutions to support the emerging requirements of customers and enterprises in India," the statement said.

Explore India's 10 Lesser Known Beaches

Explore India's 10 Lesser Known Beaches

Rediff.com10 Jan 2024

With clean blue waters and golden-white sands, these super beaches have a magic that is hard to keep away from.

Rig Veda, 'Magna Carta' to be exhibited at G20 summit

Rig Veda, 'Magna Carta' to be exhibited at G20 summit

Rediff.com2 Sep 2023

The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.

More trouble for Mallya as SFIO probes Kingfisher Airlines

More trouble for Mallya as SFIO probes Kingfisher Airlines

Rediff.com8 Mar 2016

The agency is looking at alleged "diversion of funds and financial reporting frauds".

'I see the world from an outsider's perspective'

'I see the world from an outsider's perspective'

Rediff.com19 Jul 2023

'Whatever I have directed has been so far from my world.'

SBI stops deals related to Russian entities under sanctions

SBI stops deals related to Russian entities under sanctions

Rediff.com3 Mar 2022

State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow's invasion of Ukraine, sources said. To effect this, SBI has issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanction on it as well, sources said. No transactions involving entities, banks, ports or vessels appearing on a US, European Union or United Nations sanctions list would be processed irrespective of the currency of the transaction, they said. Payments due to such entities have to be processed by other mechanism rather than through the banking channel, sources added.

Euro 2020: Goal of the day

Euro 2020: Goal of the day

Rediff.com21 Jun 2021

Xherdan Shaqiri was at his effervescent best

Bold, Beautiful Hats...

Bold, Beautiful Hats...

Rediff.com17 Jun 2021

Whimsical hats on display.

Sebi suspects 'money laundering' in ponzi schemes

Sebi suspects 'money laundering' in ponzi schemes

Rediff.com4 Aug 2016

The Ministry of Finance's Directorate of Enforcement should also be made a part of the state-level coordination panels,

India's Ultimate Warrior Review

India's Ultimate Warrior Review

Rediff.com12 Mar 2022

Vidyut Jammwal's reality show is certainly worth a watch, observes Namrata Thakker.

First look: The Realme XT

First look: The Realme XT

Rediff.com19 Sep 2019

Ashish Narsale/Rediff.com is impressed with how the Realme XT combines premium features with an affordable price.

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

Rediff.com4 Feb 2021

The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to the Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the prime accused in the alleged over Rs 13,000 crore PNB loan fraud case. The properties attached, under the anti-money laundering law, include a flat measuring 1,460 sq feet located at O2 Tower in Goregaon area of Mumbai, gold and platinum jewellery, diamond stones, necklaces made of silver and pearls, watches and a Mercedes Benz car, the ED said in a statement. A provisional order for attachment has been issued under the Prevention of Money Laundering Act (PMLA) for the assets worth a total Rs 14.45 crore that are in the name of Gitanjali Group of companies and its director Mehul Choksi, it said.

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Rediff.com11 Aug 2021

Hinduja Group's business process management entity, Hinduja Global Solutions Limited (HGS) said on Wednesday that it has entered into definitive agreements to divest its Healthcare Services business to funds affiliated with Baring Private Equity Asia (BPEA), at an enterprise value of $1.2 bilion. The deal is subject to closing adjustments, and is expected to complete within 90 days, subject to shareholder and other regulatory approvals. "The cash that will come in as a result of this transaction will be deployed to growing the business as well as looking at buying some capabilities...where capabilities are important for being able to do a good job of customer experience transformation.

PHOTOS: Treasures of India

PHOTOS: Treasures of India

Rediff.com20 Jun 2019

When you think of Indian Maharajas of yore what is the one thing that comes to mind? Jewels! And that is exactly what the world will witness at Christie's, New York during its upcoming auction -- "Maharajas and Mughal Magnificence". The "unprecedented group" of objects is from The Al Thani Collection of the royal family of Qatar. It is expected to see competitive bidding from across the globe. As per Christie's, this collection is poised to be the most valuable auction of jewellery and jewelled objects. The current record is held by The Collection of Elizabeth Taylor, which totals $144 million (Rs 1,003 crore). Mughal emperor Shah Jahan's jade hilted dagger, the priceless jewels of the Nizams of Hyderabad, and a string of pearls belonging to Rajmata Gayatri Devi of Jaipur are among the 400 royal artefacts that would be auctioned on Wednesday. Here's a glimpse of the astounding jewels that will be auctioned.

Why CBI went after Sebi officers for Saradha, not Sahara

Why CBI went after Sebi officers for Saradha, not Sahara

Rediff.com15 Apr 2021

It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Rediff.com16 Jun 2021

Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.

Google tax: American IT and steel lobbies back action against India

Google tax: American IT and steel lobbies back action against India

Rediff.com3 May 2021

The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax.

'Karachi attack was to target Pak's economy and China'

'Karachi attack was to target Pak's economy and China'

Rediff.com30 Jun 2020

Chinese companies have large interests and investments in the Pakistan Stock Exchange.

Smashing hot! Kangana Ranaut in gold

Smashing hot! Kangana Ranaut in gold

Rediff.com24 Apr 2017

The actor turned showstopper to promote Liva Crme, a new age fabric from Aditya Birla Group.

5 persons, 3 terrorists killed in Gwadar hotel attack

5 persons, 3 terrorists killed in Gwadar hotel attack

Rediff.com12 May 2019

Pak PM Imran Khan said the terror strike was an effort to 'sabotage' the country's economic projects

'Punjab police put PM's life in danger'

'Punjab police put PM's life in danger'

Rediff.com6 Jan 2022

'The PM of India was 20 km away from the Pakistan border and he is one of the persons under extreme threat from that country and they put his life in danger.'

India's diamond trade financing terror?

India's diamond trade financing terror?

Rediff.com17 Mar 2015

Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.

Saudi Air Force trainee kills 3 at US naval base

Saudi Air Force trainee kills 3 at US naval base

Rediff.com7 Dec 2019

The SITE Intelligence Group, which monitors jihadist media, identified the shooter as Mohammed al-Shamrani, and said that prior to opening fire he condemned America as a "nation of evil" in an online manifesto on twitter, according to media reports.

Syria forces retake Palmyra from ISIS in major symbolic victory

Syria forces retake Palmyra from ISIS in major symbolic victory

Rediff.com27 Mar 2016

Syrian government forces recaptured the famed ancient city of Palmyra on Sunday in a major symbolic victory over the Islamic State jihadist group, a military source said.

Pak continues to remain on FATF 'Grey List'

Pak continues to remain on FATF 'Grey List'

Rediff.com26 Feb 2021

The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.

Spectacular photos of the world's longest sea bridge

Spectacular photos of the world's longest sea bridge

Rediff.com24 Oct 2018

It's a man-made marvel! After several delays and budget overruns, the Hong Kong-Zhuhai-Macau bridge was officially opened on Tuesday, marking the completion of the longest sea-crossing bridge ever built, nine years after construction began. Here's everything you needed to know about this bridge of steel.

'I feel sick the day I am not painting'

'I feel sick the day I am not painting'

Rediff.com11 Sep 2021

'That secularism in India is at risk is alarming for someone like me. I'm born secular,' Anjolie Ela Menon, the well-known painter, tells Pavan Lall.

SEE: When terrorists attacked Karachi stock exchange

SEE: When terrorists attacked Karachi stock exchange

Rediff.com30 Jun 2020

'We were scared about what would happen if these terrorists managed to enter the building.'

How Shia-Sunni strife can worsen crisis in Bahrain

How Shia-Sunni strife can worsen crisis in Bahrain

Rediff.com19 Feb 2011

Latest reports from Bahrain speak of considerable tension marked by anti-king and anti-government slogans shouted by thousands of Shia mourners.

Many India Inc biggies in Sebi's list of 2000 defaulters

Many India Inc biggies in Sebi's list of 2000 defaulters

Rediff.com4 Apr 2018

SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.

Indian garment companies help Bangla tiger roar

Indian garment companies help Bangla tiger roar

Rediff.com18 Apr 2016

More than Indian exporters, it is Indian business families based in Sri Lanka and Hong Kong which have exploited the Bangladesh advantage

Australia Unveiled

Australia Unveiled

Rediff.com31 Dec 2008

Australia is still a movie that deserves to be watched once on the big screen. Unfortunately, it doesn't go on to demand that repeated viewing that drove Titanic to become the biggest movie in the history of recorded box office collections.

Sebi will soon be selling 47 luxury cars, SUVs. Interested in buying?

Sebi will soon be selling 47 luxury cars, SUVs. Interested in buying?

Rediff.com16 Aug 2016

The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

PNB fraud is now pegged at Rs 12,717 crore

PNB fraud is now pegged at Rs 12,717 crore

Rediff.com27 Feb 2018

The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.

What are locusts? And why are they such a big menace?

What are locusts? And why are they such a big menace?

Rediff.com5 Aug 2020

Swarms of immature pink locusts and adult yellow locusts are currrently active. Not only are fresh locusts swarms expected to arrive in the coming weeks, but even those already present in India have mated and are breeding new offspring.

Intel agencies trying to verify reports on Masood Azhar's death

Intel agencies trying to verify reports on Masood Azhar's death

Rediff.com3 Mar 2019

The officials said they had no information other than that Azhar was undergoing treatment at an army hospital after suffering renal failure.

Slap from army officer shook him completely: Ex-cop on Masood Azhar

Slap from army officer shook him completely: Ex-cop on Masood Azhar

Rediff.com18 Feb 2019

Former Director General of Sikkim Police Avinash Mohananey interrogated Azhar many a times during his two-decade tenure in the Intelligence Bureau.